HMV News and Photos

HMV could return to its original Oxford Street site

Mon, June 17 2013 10:54am - Source: CMU - Complete Music Update

HMV could soon return to its original home in London following a deal to takeover the retail unit at 363 Oxford Street, currently occupied by Footlocker.

HMV and Fopp branches sold to Hilco in new rescue package, saving 141 stores

Mon, April 08 2013 9:44am - Source: NME

Restructuring specialist Hilco has announced that it has bought 132 HMV shops and all nine branches of its Fopp sister chain.

132 branches of HMV saved in £50 million rescue package

Fri, April 05 2013 1:27pm - Source: NME

132 HMV stores have been saved in a £50 million deal that will preserve over 2,500 jobs.

HMV debts topped £347 million at collapse

Mon, March 18 2013 11:22am - Source: CMU - Complete Music Update

HMV's debts topped £347 million when the flagging entertainment retailer went into administration in January, the company having made losses in the first half of its financial year pretty much in line with its full twelve month losses the previous year.

HMV administrators receive four offers to buy Fopp

Sat, March 16 2013 1:58pm - Source: NME

HMV administrators have reportedly received four offers to buy Fopp. Deloitte, administrators for stricken high street music chain HMV who own the seven remaining Fopp stores in the UK, have declined to name the parties interested in buying the cut-price stores but they are believed to include trade buyers and private equity firms, reports the Guardian.

Is ASDA a late bidder for HMV?

Tue, March 12 2013 11:21am - Source: CMU - Complete Music Update

According to The Sun , ASDA has emerged as a potential alternative bidder for HMV, and not to acquire the flagging retailer's defunct shop units to turn into mini-ASDA food stores, but to take on the brand and its streamlined network of entertainment outlets.

WH Smith brings back some CDs, but on a nominal tactical basis

Mon, March 11 2013 11:55am - Source: CMU - Complete Music Update

WH Smith is reportedly bringing CDs and DVDs – albeit only major new and chart releases – back to some of its stores in the wake of HMV's recent collapse, according to the Telegraph.

HMV sells Asian shops

Thu, February 28 2013 3:55pm - Source: CMU - Complete Music Update

HMV's administrator Deloitte has announced the sale of the company's small network of stores in Hong Kong and Singapore.

ERA boss reckons more HMV stores could close, though administrator signs new supplier agreements

Mon, February 18 2013 11:38am - Source: CMU - Complete Music Update

The boss of the Entertainment Retailer's Association has told Radio 1 that she reckons more HMV stores could as yet be closed by administrator Deloitte, but that she is still hopeful a leaner, fitter company will emerge from the current administration.